Encompass Health Corp (EHC)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,794,900 | 1,564,200 | 1,779,300 | 1,527,100 | 1,526,000 |
| Revenue | US$ in thousands | 4,661,000 | 4,174,400 | 4,959,100 | 4,461,100 | 4,440,800 |
| Gross profit margin | 38.51% | 37.47% | 35.88% | 34.23% | 34.36% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,794,900K ÷ $4,661,000K
= 38.51%
Encompass Health Corp has consistently achieved a gross profit margin of 100% over the past five years, indicating that the company has been able to effectively manage its production costs and generate strong revenues relative to its cost of goods sold. This high level of gross profit margin reflects the company's ability to maintain a healthy pricing strategy, control manufacturing expenses, and efficiently utilize its resources. Encompass Health Corp's consistent gross profit margin suggests operational efficiency and effective management of its core business activities.
Peer comparison
Dec 31, 2023
Company name
Symbol
Gross profit margin
Encompass Health Corp
EHC
38.51%
Mednax Inc
MD
86.92%
Select Medical Holdings
SEM
5.37%